PUTNAM MASTER INTER INCOME T PIM
SH BEN INT · Closed-End Fund · CUSIP 746909100
59
institutional holders
+0 vs Q1 2025
27.7m
shares reported held*
$92.7mreported value*
8 new
16 added
13 reduced
7 sold out
net bought ≈ $1.9m (+572.9k shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $3.35.
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 45 |
| Q4 2022 | 50 |
| Q1 2023 | 50 |
| Q2 2023 | 53 |
| Q3 2023 | 54 |
| Q4 2023 | 55 |
| Q1 2024 | 47 |
| Q2 2024 | 49 |
| Q3 2024 | 47 |
| Q4 2024 | 57 |
| Q1 2025 | 59 |
| Q2 2025 | 59 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 19 | 17 |
| Q4 2023 | 26 | 20 |
| Q1 2024 | 19 | 19 |
| Q2 2024 | 21 | 15 |
| Q3 2024 | 15 | 20 |
| Q4 2024 | 30 | 13 |
| Q1 2025 | 24 | 16 |
| Q2 2025 | 24 | 20 |
Biggest buyers
| SIT INVESTMENT ASSOCIATES INC | Added | +562.9k |
| NorthCoast Asset Management LLC | New | +169.2k |
| Penbrook Management LLC | Added | +147.6k |
| ROYAL BANK OF CANADA | Added | +70.8k |
| Allworth Financial LP | New | +66.3k |
| LPL Financial LLC | Added | +41.0k |
| Consolidated Portfolio Review Corp | Added | +33.9k |
| Summit Financial, LLC | New | +33.1k |
| Weaver Consulting Group | New | +32.5k |
| WealthTrust Axiom LLC | Added | +24.0k |
Biggest sellers
| Allspring Global Investments Holdings, LLC | Reduced | -359.8k |
| Shaker Financial Services, LLC | Reduced | -59.6k |
| PVG ASSET MANAGEMENT CORP | Sold out | -47.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -40.4k |
| TRANSCEND CAPITAL ADVISORS, LLC | Sold out | -26.2k |
| ENVESTNET ASSET MANAGEMENT INC | Reduced | -24.1k |
| Cambridge Investment Research Advisors, Inc. | Reduced | -21.0k |
| CITADEL ADVISORS LLC | Sold out | -20.9k |
| Integrated Capital Management, LLC | Sold out | -19.7k |
| Perigon Wealth Management, LLC | Sold out | -11.2k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| SIT INVESTMENT ASSOCIATES INC 13G · institution +1.0 pts · filed 2026-10-01 | 48.2% |
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
BuyingSelling
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 1 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| SIT INVESTMENT ASSOCIATES INC 1.69% of their portfolio | 23.6m $79.2m | Added +562.9k |
| 1607 Capital Partners, LLC 0.28% of their portfolio | 1.0m $3.4m | Reduced -6.6k |
| Consolidated Portfolio Review Corp 0.17% of their portfolio | 363.2k $1.2m | Added +33.9k |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 332.5k $1.1m | Reduced -359.8k |
| Penbrook Management LLC 0.37% of their portfolio | 295.8k $986.4k | Added +147.6k |
| MORGAN STANLEY 0.00% of their portfolio | 189.4k $634.5k | Reduced -3.1k |
| NorthCoast Asset Management LLC 0.00% of their portfolio | 169.2k $566.9k | New |
| GILL CAPITAL PARTNERS, LLC 0.18% of their portfolio | 165.9k $555.9k | Reduced -1.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 141.7k $476.0k | Added +70.8k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 135.2k $453.0k | Added +347 |
| LPL Financial LLC 0.00% of their portfolio | 91.4k $306.2k | Added +41.0k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 82.5k $276.2k | Reduced -1.7k |
| MELFA WEALTH MANAGEMENT, INC. 0.17% of their portfolio | 80.9k $271.1k | Reduced -688 |
| Allworth Financial LP 0.00% of their portfolio | 66.3k $222.0k | New |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 62.8k $211.0k | Added +239 |
| Shaker Financial Services, LLC 0.07% of their portfolio | 60.9k $204.0k | Reduced -59.6k |
| Mezzasalma Advisors, LLC 0.06% of their portfolio | 59.5k $199.4k | Added +1.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 57.5k $192.8k | Reduced -24.1k |
| Fortitude Advisory Group L.L.C. 0.10% of their portfolio | 52.8k $176.9k | Unchanged |
| WealthTrust Axiom LLC 0.05% of their portfolio | 51.0k $170.8k | Added +24.0k |
| Ethos Financial Group, LLC 0.01% of their portfolio | 49.8k $166.9k | Reduced -1.1k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 43.3k $145.0k | Reduced -340 |
| HUB Investment Partners, LLC 0.00% of their portfolio | 41.4k $138.9k | Added +51 |
| Summit Financial, LLC 0.00% of their portfolio | 33.1k $111.0k | New |
| Weaver Consulting Group 0.03% of their portfolio | 32.5k $108.9k | New |
| UBS Group AG 0.00% of their portfolio | 25.4k $85.0k | Unchanged |
| COLDSTREAM CAPITAL MANAGEMENT INC 0.00% of their portfolio | 21.8k $73.0k | Added +426 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 21.7k $72.6k | Reduced -1.0k |
| Bard Financial Services, Inc. 0.01% of their portfolio | 21.5k $72.2k | Unchanged |
| Northstar Financial Companies, Inc. 0.07% of their portfolio | 20.2k $67.8k | Unchanged |
| Stratos Wealth Partners, LTD. 0.00% of their portfolio | 20.2k $67.6k | Added +1.1k |
| Avantax Planning Partners, Inc. 0.00% of their portfolio | 17.0k $56.8k | New |
| WMG Financial Advisors, LLC 0.02% of their portfolio | 16.7k $55.9k | Reduced -3.0k |
| AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio | 16.7k $55.9k | Added +326 |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 16.4k $55.0k | Reduced -21.0k |
| Graves Light Lenhart Wealth, Inc. 0.01% of their portfolio | 14.3k $47.9k | Unchanged |
| Koshinski Asset Management, Inc. 0.00% of their portfolio | 14.0k $46.9k | Unchanged |
| Cetera Investment Advisers 0.00% of their portfolio | 12.8k $42.9k | Unchanged |
| HRT FINANCIAL LP 0.00% of their portfolio | 12.0k $40.0k | New |
| SHUFRO ROSE & CO LLC 0.00% of their portfolio | 11.0k $36.5k | Unchanged |
| Concurrent Investment Advisors, LLC 0.00% of their portfolio | 10.6k $35.6k | Unchanged |
| Chicago Partners Investment Group LLC 0.00% of their portfolio | 10.5k $34.8k | Added +137 |
| Gridiron Partners, LLC 0.02% of their portfolio | 10.5k $35.2k | Unchanged |
| Balefire, LLC 0.01% of their portfolio | 10.5k $35.2k | New |
| WealthShield Partners, LLC 0.00% of their portfolio | 10.0k $33.5k | Unchanged |
| Key Financial Inc 0.01% of their portfolio | 9.5k $31.8k | Unchanged |
| COMERICA BANK 0.00% of their portfolio | 9.2k $30.8k | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 7.3k $24.5k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 5.3k $17.9k | Unchanged |
| MAI Capital Management 0.00% of their portfolio | 5.0k $16.8k | Unchanged |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 4.9k $16.4k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 3.5k $11.9k | Added +566 |
| HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio | 3.1k $10.3k | Unchanged |
| CALDWELL SUTTER CAPITAL, INC. 0.00% of their portfolio | 1.8k $6.0k | Unchanged |
| GPS Wealth Strategies Group, LLC 0.00% of their portfolio | 824 $2.8k | Added +16 |
| Global Retirement Partners, LLC 0.00% of their portfolio | 649 $2.2k | First filing |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 400 $1.3k | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 339 $1.1k | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |